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Indonesian Textile Bond Default Highlights Risks in Asian Junk Bonds Market

by bondevalue | Jul 22, 2019 | Distressed / Defaulted Bonds, High Yield Bonds

Delta Merlin Dunia Textile (DMDT), an Indonesian textile manufacturer within the Sumitro family’s Duniatex group, had its bonds plummet by nearly 67 cents on the dollar last week in a shocking sell-off prompted by a missed loan payment by another group...

Indonesian Textile Bond Default Highlights Risks in Asian Junk Bonds Market

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